The U.S. Chamber of Commerce on Monday asked the Securities and Exchange Commission (SEC) not to follow a climate change-related request from 37 Democrat lawmakers. These lawmakers want the SEC to ask U.S. companies to follow different greenhouse gas reporting rules while the SEC’s own climate reporting rule is on hold due to ongoing lawsuits.
Dozens of lawmakers wrote a letter to the SEC on June 4, asking the agency to release a statement reminding U.S. companies that are subject to “alternative climate reporting regimes,” such as those in California or the European Union (EU), that they must comply with those regimes while the SEC’s own climate disclosure rule is under judicial review….